Evonik, Tasnee, and Sahara Proceed with Saudi SAP Plan

11:56 AM MDT | August 29, 2011 | —NATASHA ALPEROWICZ

Wohlhauser: Major step in the Mideast market. Evonik Industries and Saudi Acrylic Acid Co. (SAAC; Jubail) are going ahead with a previously announced superabsorbent polymers (SAP) project in Saudi Arabia. The companies have signed an agreement to form Saudi Acrylic Polymers Co. (SAPCo), a joint venture that will build a “triple-digit million euro” plant at Jubail designed to produce 80,000 m.t./year of SAP. Completion is scheduled for late 2013. Fluor has been awarded the engineering, procurement, and construction (EPC) contract to build the SAP...